U.S. stocks lost ground again on Thursday, as conflicting comments on trade talks from President Donald Trump and Beijing reinforced investor nervousness that a lengthy battle could be in the…
more ...Trump: China Maybe Regrets Backtracking on Trade Provisions
President Donald Trump said Thursday he still believes China “would love to make” a new trade deal with the United States and might now regret backtracking on some agreements negotiators…
more ...China Cheers State TV Anchor in Face-Off with FOX
The highly-anticipated showdown on Wednesday night between Trish Regan of Fox Business and Liu Xin of China Global Television Network (CGTN) — the overseas arm of state-controlled China Central Television (CCTV) —…
more ...Pro-China Policies Unlikely in Australia, India After Recent Elections
In recent weeks, Australia and India have re-elected incumbent prime ministers. These Asia-Pacific countries, who have a difficult relationship with China, are unlikely to make the kind of policy changes…
more ...Drought Forces Water Bans in Sydney
Water restrictions are to be imposed in Sydney, Australia’s biggest city, for the first time in almost a decade because of falling reservoir levels and a long-standing drought. Residents who…
more ...US Treasury Says 9 Trade Partners Deserve Scrutiny Over Currency Practices
The Trump administration said on Tuesday that no major trading partner met its currency manipulation criteria but nine countries, including China, required close attention as Washington presses tariffs and negotiations…
more ...Desperate Zimbabweans Risk Lives in Abandoned Mines
Officials in Zimbabwe say the bodies of eight illegal miners have been retrieved from an abandoned gold mine about 50 kilometers north of Harare. The news Monday was a reminder…
more ...Desperate Zimbabweans Risk Death in Disused, Unlicensed Mines
Zimbabwe’s disused mines continue to be a death trap for poor and desperate illegal miners in search of the precious minerals to earn a living. Columbus Mavhunga travelled to Matopo…
more ...Fiat Chrysler Proposes Merger With Renault
Fiat Chrysler proposed a merger Monday with Renault, a union that would create the world’s third biggest automaker. The merger, if it happens, would vault the new company, with annual…
more ...Ghana Just Scratching Surface of Illegal Gold Mining
Only the chirping of birds and insects break the silence at a gold mining site in the Eastern Region of Ghana, right at the foot of the Atewa forest reserve.…
more ...Trump ‘Honored’ to Provide US Farmers with $16 Billion in Aid
President Donald Trump says he is “honored” to give U.S. farmers hurt by the trade war with China another $16 billion in aid. Flanked by potato growers, ranchers and dairymen…
more ...Canada, Europe to Choose When 737 MAX Is Safe as Regulators Meet
In a potential challenge to U.S.-led efforts to build consensus on the Boeing Co 737 MAX flying again, Canada and Europe said on Wednesday they would bring back the grounded…
more ...Britain’s May Faces Calls to Resign After Revised Brexit Plan Unveiled
British lawmakers are denouncing Prime Minister Theresa May’s latest proposal to withdraw from the European Union (EU) amid growing demands from her own Conservative Party for her resignation. May said…
more ...Jamie Oliver’s British Restaurant Chain Collapses
Celebrity chef Jamie Oliver’s restaurant chain in Britain has filed for bankruptcy protection, closing 22 of its 25 eateries and leaving some 1,000 people out of work. The remaining outlets,…
more ...Bloomberg: US May Pay $2 Per Bushel for Soybeans to Help Farmers
The Trump administration is considering payments of $2 per bushel for soybeans, 63 cents per bushel for wheat and 4 cents per bushel for corn as part of a package…
more ...Portugal’s Economy Rebounds, Though Problems Persist
The Portuguese economy is resisting the prevailing gloom in Europe. Activity remained strong, with GDP rising by 0.5% in the first quarter, or 1.8% at an annual rate, compared with 1.2%…
more ...US Shoe Industry Protests Possible Tariffs on Chinese Imports
More than 170 American shoe manufacturers and retailers, including such well-known athletic shoe brands as Nike, Under Armour and Adidas, urged President Donald Trump on Tuesday to exempt footwear from…
more ...Sources: Turkey to Reduce US Import Tariffs This Week
Turkey’s Trade Ministry will implement a reciprocal reduction in tariffs on U.S. imports after the United States halved tariffs on Turkish steel imports last week, two Turkish sources said on…
more ...Huawei Founder Shrugs Off US Blacklisting Order
The founder of Chinese telecom giant Huawei is dismissing the decision by the United States to blacklist the company on the grounds it poses a threat to U.S. national security.…
more ...Indian Exporters Eye Gains Amid Intensifying US China Trade Dispute
As work on establishing a massive garment-manufacturing unit by one of India’s leading apparel exporters enters the final stages, the company is optimistic about keeping the machines humming. Slated to…
more ...AP Explains: US Sanctions on Huawei Bite, But Who Gets Hurt?
Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear. U.S. companies that supply the Chinese tech powerhouse with computer chips saw their stock prices…
more ...Trade War Adds to Woes of European Companies in China
The U.S.-China trade war has not spared European companies in China. More than one-third of them are feeling a direct impact on their businesses and fear the situation will worsen…
more ...Ford to Cut 7,000 Jobs, 10% of Global Staff
Ford plans to cut 7,000 jobs, or 10 percent of its global workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday. The reorganization…
more ...Vietnam, EU Snub US on Trade
Vietnam and Europe could be swapping more pomelo fruit and Portuguese cheese soon if a new trade deal comes into effect, linking two regions that have been looking for an…
more ...Huawei Founder Sees Little Effect From US Sanctions
Huawei Technologies’ founder and chief executive said Saturday that the growth of the Chinese tech giant “may slow, but only slightly,” because of recent U.S. restrictions. In remarks to the Japanese…
more ...China’s Top Diplomat Calls for US Restraint on Trade, Iran
Senior Chinese diplomat Wang Yi told U.S. Secretary of State Mike Pompeo on Saturday that recent U.S. words and actions had harmed the interests of China and its enterprises, and…
more ...
